Get mortgage happy. 020 8517 1141

21 Dec 2020

Ex-Pat & Foreign investor Stamp Duty Deadline

All the news about Stamp duty at present is around the impending ‘potential’ end of the holiday on 31st March 2021 (and quite rightly so). However, there is a segment of buyers that may be less well informed of the implications to their purchase should they not meet the deadline. That is those purchasers that are non-resident such as Ex-Pat’s or Foreign buyers.

As part of the 2020 Budget the Government announced a specific increase in Stamp duty of an additional 2% for all people purchasing in the UK that are currently non-resident, therefore classed as Ex-Pats or Foreign purchasers. The idea behind this was to level the playing field making it cheapest to buy if you are first-time buyer, more expensive as a second homeowner (additional 3%) then, the most expensive if you are purchasing from outside the UK (another additional 2%).

Should we revert to the standard rates of stamp duty in April, many purchases will see themselves with an additional bill they weren’t expecting.

For example, an Ex-Pat completing in April 2021 on a property valued at £600,000 will pay an effective rate of 7% meaning a bill of £42,000 that is an additional £12,000.

Please ensure if you or a client of yours is looking to purchase, this extra potential cost is factored into their calculations.

For advice or help please get in touch.

Ex-Pat & Foreign investor Stamp Duty Deadline

Privacy notice

HOME OF MORTGAGES will be what is known as the ‘controller’ of the personal data you provide to us. We only collect basic personal data about you which does not include any special types of information or location-based information.

Why do you need my data and what will it be used for?

We need to know your basic personal data so we can make contact with you and respond to your message, request or query. All the personal data we process is processed by our staff in the UK.

Who is my data shared with?

Your data will only be shared with third parties if this is necessary to respond to your request. If this is the case, we will seek your permission before passing on your details.

How long do you keep my data for?

We may store your data for up to six years past the end of any business relationship, after which time it will be securely destroyed. If you would no longer like us to process your data at any time, you have the right to object to processing of your data. To do this, please contact

What are my rights?

You have the right to object to the processing of your data. You also have the right to request access to your data at any time. You have the right to rectification and/or erasure of personal data or restriction of processing. If you wish to raise a concern related to how we have handled your personal data, you can contact us to have the matter investigated at If you are not satisfied with our response or believe we are processing your personal data not in accordance with the law, you can complain to the information commissioner’s office: